rediff.com
REAL-TIME QUOTE
Enter Company or MF
e.g. Tata motors, Reliance MF, 500570
BHARTI INFRATEL LTD. - Bharti Infratel Ltd reply to clarification sought by the exchange
< Back
03 Nov 2014
The Exchange has sought clarification from Bharti Infratel Ltd with respect to news article appearing in Business Standard on October 31, 2014 titled &quot;Bharti Infratel in race to buy Idea, Voda towers for Rs. 5000 cr.&quot;&lt;br/&gt;&lt;br/&gt;Bharti Infratel Ltd replied stating, &quot;we wish to bring to your kind notice that Bharti Infratel Limited seeks and receives proposals for potential transactions and evaluates various organic and inorganic opportunities as and when available.&lt;br/&gt;&lt;br/&gt;The Company, as a matter of policy, does not comment on speculative news items such as the one in the Business Standard but we can assure you that if and when any such disclosures become necessary, we will promptly do so at an appropriate time.&lt;br/&gt;&lt;br/&gt;In the circumstances, we submit that this news item does not require disclosure under Clause 36 of the Listing Agreement and therefore the details sought by you are not necessitated.&lt;br/&gt;&lt;br/&gt;The Company further confirms that it has not released any specific information pertaining to the news report&quot;.
View all announcements for BHARTI INFRATEL LTD. Source: BSE India